The Federal Reserve voted unanimously on September 16 to raise its benchmark interest rate by 0.25 percent to a range of 3.75%-4%, the first increase since July 2023, and signaled another hike before year-end. President Trump criticized the move, which was attributed to efforts to control inflation partly driven by the Iran war.
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Moments ago: Fed approves interest rate hike, signals one more to come this year www.cnbc.com/2026/09/16/f... The Federal Reserve on Wednesday approved its first interest rate hike in more than three years and indicated another to come.
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Trump WH meltdown in 3,2,1…. apple.news/AVjqTwODrRbG... The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
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The Federal Reserve raised its benchmark interest rate by 25 basis points on Sept. 16, lifting the target range to 3.75%-4% and marking its first increase since July 2023. The Federal Open Market Committee approved the move unanimously, citing inflation that remains above its 2% target and a resilient U.S. economy [nytimes.com#3][euronews.com#1][npr.org#1][pbs.org#2]. Fed Chair Kevin Warsh said th
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The Federal Reserve has set a new target range by increasing its benchmark interest rate, marking its first hike since 2023. President Donald Trump has called for a substantial reduction in interest rates, advocating for lower borrowing costs given the country's robust credit status. However, officials have stated that ongoing inflation remains a significant factor driving this adjustment.
www.reddit.com/r/politics/s... Explore this conversation and more from the politics community
www.thebulwark.com/p/trump-shou... He promised lower prices and lower interest rates. His policies delivered renewed inflation and a rate hike.
In today's issue: ▪ Fed raises interest rates after three-year pause ▪ House leaves Washington ahead of midterms ▪ Ovechkin’s ties to Putin under scrutiny ▪ Iowa emerging as key battleground The Federal Reserve raised interest rates yesterday for the first time since July 2023, a clear sign that central bank officials remain concerned about...
The Federal Reserve raised interest rates for the first time since 2023 on Wednesday in a move aimed at slowing inflation. NBC’s Brian Cheung joins TODAY to break down how the 0.25% hike will impact credit cards, mortgages and the cost of food and gas.
The Federal Reserve hiked interest rates for the first time since 2023, sparking backlash from President Trump. All that and all that matters in today's Eye Opener.
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